lax time again
'asautw I . _ _ . eer m.- j. .-r
THE BATTALION Page 7
WEDNESDAY, FEBRUARY 7, 1979
here are the rules
2 in
as since
>w offereii
•luding
an will
ear to
ea| ! = - ie Internal Revenue Service has
: , si ' ^ (lished certain requirements for
31 tyers filing income tax returns
'wan *
he following is a list of the
)r j s y 7 num amount of gross income
.• 111 rould require a taxpayer to file
ial\ ? urn:
[r /.j 1 igle persons can earn up to
"" 50 before they are required to
Single persons aged 65 or over
a gross income limit of $3,700.
trried persons filing a joint re-
have a gross income limit of
[00. Married persons with one
arties
recall
izzard
United Press International
OVIDENCE, R.I. — While
__ar revelers of a downtown pub
Rowan an partying a day ahead of the
liversary, the manager of the
leeway; (yjj ence Holiday Inn Tuesday
the finishing touches on his
| aV p lard bash plans.
™ w fcre than 1,000 people were
oned at the 425-capacity
town hotel for almost a week
g the Great Blizzard of 1978,
i began one year ago Tuesday
umped up to 3 feet of snow in
ays across New England.
! progri [Intel manager Gunars Dvelis
'he would slash prices back to
rd basics today — just for the
. ^tnd in honor of the anniversary.
|breakfast of eggs, bacon, toast
Kfcoffee cost 99 cents during the
Bn, while a $7.95 prime ribs
,^10liner went for $3.25, he said.
0 Along with entertainment and
lal prices from noon to midnight
cerfortli L Dvelis said all employees
llld wear casual clothes. “We ll
ibran \ & all our standards like in the
'^aboul fcard,” he said.
few snowdrifts away, the
town Player’s Corner Pub last
transformed itself into a hotel
8 stranded motorists, who
id themselves buried beneath 3
f snow.
|e regulars at Jodi DiRaimo’s
Monday began celebrating the
ft anniversary of “the biggest
pay for ftk they ever spent together,
lonthe: , ,
he was |W ewant to sa y thank you to the
chard" sta y ed here,” Di-
So said. “Everyone pitched in.
i it weren’t for them, we never
l KflOBdhave done it.”
ntermiioDilne pub fortified policemen,
leteoritel^ pl° w operators, telephone
istralia,!fP an y workers and reporters
acids, irI f 00 ^ and drink by putting its
n living® 11 ' — h ut stranded — custom-
Ito work.
had an undertaker tending
^^^fand newspaper people as bus
ts, DiRaimo recalled.
N0f- was the biggest week we ever
it together. We cut prices, but
still made money,” DeRaimo
. “I want to get people reminisc-
ibout what happened a year ago
t the Holiday Inn, Dvelis re-
llbers it well.
»ple slept in hallways and lob-
. “Our lounges were open all
QW$1,! t long serving whatever we
d scrounge up,” he said,
lien it was all over, the hotel
:e even. “As far as wasted profits
we lost about $8,000 a day,”
slis said. “But everyone in the
}1 acted super well.”
y staff was really in tune with
thing,” he said. “They showed
concerned they were. You
these guys are here for the
iheck but then you find out what
H really like.”
spouse over 65 filing a joint return
have a gross income limit of $5,450.
Married persons who are both over
65 filing a joint return have a gross
income limit of $6,200.
Married persons filing separate
returns have a gross income limit of
$750, while a surviving spouse
(qualifying widow/widower with a
dependent child) has a gross income
limit of $3,950.
In addition, taxpayers are re
quired to file a return if:
— they have received tips from
which social security tax was not
tr to pats
/erduelw
in officeil
w$t:
reg
ngs
withheld, even if gross income was
less than $2,950.
— they were in business for
themselves and had net earnings of
$400 or more (called self-
employment income).
— they had unearned income of
$750 or more, such as dividends or
interest from savings accounts, and
can be claimed as dependent by
their parents. This is particularly
important to students.
Once you know that you need to
file a return, you must decide which
form to use.
People with simple tax situations
should use the shorter Form 1040A.
The form is printed on one side of a
sheet of paper and takes you step-
by-step through the tax calculations
right down to the signature.
Form 1040 is for people whose
circumstances are a little more
complex. All income calculations are
on the front of the page and all de
ductions on the back.
The IRS automatically mails tax
payers a tax package based on the
form they filed last year. But that
doesn’t mean you must use it. If cir
cumstances dictate that they should
use another form, of if they don’t
receive a tax package at all, they can
get one from any IRS oflfice, post of
fice and at many banks.
In general. Form 1040A is for
persons whose total income was
$40,000 or less if they are married
and filing jointly; $20,000 or less for
others. Income must be from wages,
salaries and tips with not more than
$400 in interest or $400 in divi
dends. Deductions can’t be
itemized on the short form.
Most taxpayers will be eligible to
file Form 1040A because of the new
zero bracket. It replaced the
standard deduction and is a flat
$2,200 for single persons and un
married heads of households,
$3,200 for married couples filing
jointly and $1,600 for married
people filing separately.
Single or married parents earning
less than $8,000 in 1978 may receive
an income tax break this filing sea
son. They are eligible for an
“Earned Income Credit” (EIC) of
up to $400 if they meet certain re
quirements.
They must have earned some in
come in 1978. Earned or adjusted
income must not exceed $8,000.
And they must have contributed
more than 50 percent of the ex
penses of maintaining a home for
themselves and their child under
age 19, or a disabled dependent
child of any age.
Figure EIC by taking 10 percent
of earned income, not to exceed a
maximum credit of $400. For every
$10 earned over $4,000, subtract $1
from the $400 amount.
hop)
0p(|
•pal ‘king’
remain
J his mine
ADELAIDE, Australia — When
C Kfl Duke, “King of Andamooka,”
nf/D e( i he left instructions to bury
1/ ® in his own opal mine.
./j [He always said he wanted to be
0Yt*slised,” said his widow, Inge
Ike, from the small motel they
■ led in the opalrich township of
JQfli Jamooka, 36 miles northwest of
'elaide.
Duke, 58, died Sunday of a heart
),[II 4^.
He was born Rudi Ducke in
i ^ Unite, a town near Dresden in
[Q V srmany.
He arrived in Australia in 1954 on
torcycle to try his hand at min-
He constructed his own under-
nd mausoleum in an opal mine
v years ago and often joked to
nds that it was big enough to
J all of them.
v °l un teered to control the
s two air landing strips and its
Hind radio base. He was well
1/1 own to light aircraft pilots and
^ IV ws of high flying intercontinental
Is who strayed into “his airspace.”
He was also Andamooka’s official
ather observer and twice daily
id out the soaring temperatures
it force many of its residents to
(ve underground. His duties
ftned him the unofficial title “King
lAndamooka.”
1
This is your kind of store. This
is
'dCPenney
Manor East Mall, Texas Avenue at Villa Maria • 779-4710 • Shop 10 a.m. to 9 p.m. weekdays, to 7 p.m. Saturdays
Stop by our Coffee Gallery for a quick bite, lunch or breakfast. Now open 7:30 a.m. to 5:30 p.m. daily.
25% off
all Jaguar
luggage.
Continental styled luggage of easy-clean
vinyl has steel frames, brass plated
hardware and padded handles. Handsome
heather plaid fronts, plus camel or
blue vinyl.
Sale 29.95 Reg. $39, beauty case
Sale 27.75 Reg. $37, 21" carry-on
Sale 37.50 Reg. $50, 26" pullman
Sale 44.25 Reg. $59, 29" pullman
Sale 22.50 Reg. $30, shoulder tote
Sale 33.75 Reg. $45, garment bag
Sale prices effective through
February 17. Some pieces or
colors may not be in stock. These
will be special ordered at sale
prices.
Special value
vested suits.
59.88 & 69.88
Just in time for special spring
events or for important job in
terviews. We’ve made a
special buy on classic vested
suits comparable to those
selling for up to $100. Poly
ester knits and blends are
tailored in contemporary and
classic styles. Fashion colors
in solids and subtle patterns.
Regular and long sizes in 36
to 46.
Special buys are available
in limited quantities.